...

nismseries.com

Login
Register
Register

NISM Series X A: Investment Adviser

This is your guide to help you pass the NISM X A exam. Passing this exam can give you new job opportunities in finance.

Try Mock Tests
View Syllabus

Overview

What is NISM Series X A?

The NISM Series X A: Investment Adviser (Level 1) exam is a test. It checks if a person has the basic knowledge to be an investment adviser. This is the first level of two exams. If you want to give investment advice, you must pass this exam. SEBI, the main market regulator, has made this a rule.

Importance of the Certification

This certification is very important if you give investment advice. SEBI says you must have it. This makes sure that advisers know what they are talking about. It helps clients trust you. It also means you are following the rules.

Who Should Take the Exam?

People who give investment advice by themselves.
The main officers at a company that gives investment advice.
Anyone whose job is related to giving investment advice.
Financial advisors and planners.
Students or workers who want a job in investment advisory.

Benefits of Becoming a Certified Investment Adviser

You will meet the rule that SEBI has set for giving investment advice.
You will learn a lot about financial planning, different investment products, and how to manage a portfolio.
Clients and bosses will see you as more professional and trustworthy.
You will have more job choices in the finance industry.
You will have the right skills to help people reach their money goals.

Exam Details

  • Exam Structure and Format
  • Computer based test
  • 135 (90 multiple-choice + 9 case studies)
  • Total 150 Marks
  • 3 hours to finish
  • Passing mark: 60%
  • Negative Marking: 25% for each wrong answer.
  • Exam Language Options
  • English and Hindi.
  • Eligibility Criteria
  • At least 18 years old
  • It is open for students and people who are already working.

Registration Process

  • How to Register
  • Go to the NISM Certification website.
  • Make an account and type in your information.
  • Upload your photo, PAN card, and proof of your address.
  • Pick the place, date, and time you want to take the exam.
  • Pay the exam fee online.
  • Download your admit card and the book for studying.
  • Exam Fee and Payment Methods
  • Fee: The fee is ₹3,000 plus GST.
  • You can pay with a debit card, credit card, net banking, or UPI.
  • Exam Dates
  • You can take the exam any time of the year. There are many exam centers.
  • You can pick the date and time that is best for you when you register.

NISM Series X A: Syllabus

Download Official Syllabus PDF

Unit 1: Personal Financial Planning

Learn the basics of financial planning, how the value of money changes over time, how to check a client’s money situation, and about managing debt and loans.

Unit 2: Fund Structure & Constituents

Learn about the financial markets in India and the different parts of the securities market.

Unit 3: Investment Products

Get to know about different things you can invest in, like stocks, bonds, derivatives, and mutual funds.

Unit 4: Portfolio Management

Learn how to build a portfolio, check how it is doing, and see if it is good.

Unit 5: Investment Management Operations

Learn about the daily work involved in managing investments.

Unit 6: Regulations and Ethics

Learn the important rules, what is right and wrong for an investment adviser, and how to solve client problems.

Preparation Guide

Study Materials and Resources

Official NISM Study Material

When you sign up for the exam, you get the newest study book. You can also buy a printed book.

Mock Tests and Sample Papers

You can find many practice tests online. These help you get ready for the real exam.

Preparation Tips and Strategies

Time Management

  • Make a schedule for studying and stick to it.
  • Do practice tests to learn how to answer all the questions in the given time.

Important Chapters to Focus On

  • The rules and what is right and wrong (Regulations and Ethics).
  • The different investment products and what they do.
  • How to build and manage a portfolio.

Common Mistakes to Avoid

  • Not reading the official syllabus carefully.
  • Not practicing with mock tests.
  • Trying to learn everything at the last minute.

Study Plan Recommendation

Week 1-2

  • Learn the basics of personal financial planning and the Indian financial markets.

Week 3-4

  • Study all the different investment products.

Week 5-6

  • Focus on how to manage a portfolio and learn the rules and ethics.

Final Week

  • Go over everything you studied and take full practice tests.

Study Materials and Resources

Download Official Syllabus PDF

Get the latest syllabus from NISM.

Links to Registration Portal

Register for the exam on the official NISM website.

Contact Information for Support

For help, email certification@nism.ac.in.

Useful Links

NISM Official Website
SEBI Website
NISM CPE Portal

Ready to Become a Certified Investment Adviser?

Start today. Sign up, use our study guides to get ready, and become a successful investment adviser.
Try Mock Tests
View Syllabus

Frequently Asked Questions

What is the validity of the certification?
The certificate is valid for 3 years.
To renew, you can either do a CPE program (Continuing Professional Education) or take the exam again before your certificate expires.
You can take the exam again after some time. You will have to sign up and pay the fee again.
You will see your result on the computer screen right after you finish the exam. If you pass, you will get a certificate.
You need to bring your admit card and an ID with your photo on it (like a PAN card, driver’s license, or Aadhar card).

No, there is no special dress code.

Yes, simple calculators are usually allowed. But it is a good idea to check the rules for your specific exam.
This certification is mainly for people working in the Indian stock market.
Scroll to Top
Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.